Dr James B Byrd
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    « MLM Business Opportunity- How To Choose An MLM Business Opportunity | Main | MLM Pay Plan- Is Your MLM Pay Plan Your Friend Or Foe? Part 1 »
    Monday
    Nov102008

    Network marketing business -How To Make Sure Your Nest Egg is Still Around..

    An online mlm business that is built for recurring income another kind of business, requires that you look at the long-term impact. Yes, you want to do everything you can to be profitable as quickly as possible. But you need to figure out exactly how to grow your business week after week, month after month, year after year. People tell you they aren't looking for "get rich quick," but if they aren't making insane money within 6-8 weeks, they are history. Most likely, it will take longer.

    People start their network marketing without abig list from their past. To build in MLM network marketing business, you must have a database, so that means they have to create a new group of people who know,like and trust them. You can't do that overnight.st goal must be to build a relationship with exclusive targeted prospects. You can do that by providing exceptional value, something that costs you nothing or very little, but which is extremly valuable to the person you give it to. You could use an ebook or audio or video or some other piece of content which will really help out your prospects. And in exchange, they'll give you their contact information and permissionto talk with them. This will be the beginning of aenduring association.

    In your network marketing business There are some intangible things you can do that can make a big difference in whether you have a chance for recurring income with any particular mlm network marketing company. This sounds pretty wild but, trust me, it is true. One decisive factor can be whether your company owns its own software. What possible difference can THAT make, you wonder? Well, here's how it works. Most Mlm business opportunities when they start up are looking for ways to cut costs. They can cut expenses by renting the software to run the company. So instead of paying $1 million or more upfront, maybe they're spending $10,000 a month on the software rental. So far, so good.

    But there are a two problems that can come up. For one thing, every comp plan plan is different. Often, that standard software rental cannot be modified to handle comp plan plan changes. So if the company discovers a better method of doing business, it can't ... because it's locked-in by the software. Even worse, many contracts specify that the software vendor is a co-owner of the database. The bottom line is, if your Mlm leads has tough times and can't make a payment, the software owner can rent out the database if they want ... that includes all the names of the team that you have built. Mind boggling, but it has happened. You don't run that risk if the Mlm company owns the software.

    These are just a few things that can happen to you. The only sure fire way to avoid having to depend on someone else is to develop yourself into the best networker you can be. Visit this link to make sure your nest egg is still around. www.blueprintmagic.com

    james b byrd
    1-269-290-3263

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    Reader Comments (1)

    Network marketing has changed a lot over the last fifteen years with the growth of the internet and a wave of new Network Marketing Training hitting the net, offering fast profits for those who jump on board quick enough. Get in at the pre-launch and even better. So, it's easy right? Get in quick and make a fortune then move on again? Not quite. If you've been under pressure to build your MLM mlm companies will guide you towards a few useful network marketing training sites that won't break the bank.

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